Griffiss Institute
The Griffiss Institute, established in 2002 in Rome, New York, is an independent nonprofit organization dedicated to fostering collaboration among private industry, academia, and government to address critical cybersecurity challenges. It serves as an innovation center and business incubator, offering training, facilities, and infrastructure to support the development of new technologies. By partnering with the Air Force Research Lab (AFRL) Information Directorate, the institute aims to enhance the security of the nation's cyber infrastructure while stimulating the growth of the technology sector in Upstate New York. The Griffiss Institute creates a collaborative research environment that encourages innovation in information assurance and facilitates the emergence of new business opportunities. It is also a member of the Business Incubation Association of New York State.
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9 past transactions
EMPEQ
Grant in 2023
EMPEQ develops a SaaS platform that uses computer vision to identify and analyze mechanical and electronic equipment. It provides insights such as age, remaining useful life, origin, and authenticity, supporting maintenance and sustainability efforts in critical infrastructure systems.
Accessible Automation
Grant in 2023
Accessible Automation is a long-distance wireless systems for home, business, and government applications. Accessible Automation initial product is a wireless thermostat that allows to control the temperature of your house from the comfort of your couch.
CyberSpara
Grant in 2023
CyberSpara is a cybersecurity company focused on enhancing the security and privacy of internet users and organizations. The company employs a simulation-based educational model that incorporates gamification principles to instruct users on common vulnerabilities associated with social media platforms. Their Digital-PASS initiative empowers individuals to recognize and mitigate security threats online. Additionally, CyberSpara provides a platform designed to help enterprises identify vulnerabilities, safeguard data from cyberattacks, and facilitate the migration to secure cloud environments. This comprehensive approach enables organizations to effectively prevent and manage cyber risks, ensuring a robust defense against a variety of digital threats.
BosonQ Psi
Seed Round in 2023
BosonQ Psi develops simulation software that harnesses quantum computing to accelerate advanced simulations for highly engineered products in the aerospace and electric vehicle industries. Its flagship product, BQPhy, integrates novel quantum algorithms into backend engineering solvers, enabling significant cost savings and reduced computing time on both current high-performance computers and future industrial-scale quantum systems.
Paterson Aerospace Systems
Grant in 2023
Paterson Aerospace Systems is a pioneering company dedicated to fostering sustainability in the aerospace sector. It focuses on research and development to create innovative technologies that address key challenges in space travel, with the ultimate goal of enabling a sustainable human presence beyond Earth. The company's work spans across spacecraft propulsion, resource utilization in space, and life support systems for space habitats, thereby facilitating progress in space exploration.
Drone city
Grant in 2023
Drone city creates elegantly designed drones and controlled with safety and quality in mind. They take pride in developing a people-friendly drone delivery service and drones are outfitted with advanced sensors, cutting-edge spatial awareness technologies, and automatic safety parachute mechanisms.
Llume
Grant in 2023
Llume develops fiber-optic sensing technology for biometrics and kinematics. The soft, stretchable fiber-optic sensor measures movement, pulse, and breathing rate from chest expansion and vibration, enabling precise monitoring of fatigue, recovery, and athletic performance. The system provides actionable insights to training and performance optimization.
Imagine Aerial
Grant in 2023
Imagine Aerial uses advanced UAS (drone) technology to acquire large, complex, and detailed datasets that it distributes to its clients in concise, easy-to-use packets from which it is developing its own Intellectual Property in collaboration with the Air Force Research Labs and the US Department of Defense.
ThermoAI
Convertible Note in 2022
ThermoAI optimizes industrial combustion processes using proprietary machine learning algorithms. Its systems continuously monitor factors such as moisture content, atmospheric pressure, and air intake levels, adjusting them in real-time to achieve near-perfect combustion. This results in fuel savings, increased energy output, extended equipment lifespan, and reduced emissions.
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